Printed Electronics Market worth $40.2 Billion by 2020

According to the new market research report “Printed Electronics Market by Material (Substrates & Inks), Technology (Screen, Gravure, Inkjet & Flexography), Application (Displays, Sensors, OLEDs & PVs), and Geography- Analysis and Forecast to 2013 - 2020” the printed electronics market is estimated to grow at a CAGR of 33.8% from 2014 to 2020and it is estimated to reach $40.2 billion by 2020.

The Printed electronics market has gained remarkable increase in the demand of market at present. As the name itself suggests, printed electronics is the fusion of two major industries electronics and printing. The major focus of printed electronics is to provide less costly and more efficient production of printed circuits and devices. Huge research has been carried out on varied materials and equipment in many large and small companies and universities. The printed displays found as one of the major applications, which offer new design and functionality opportunities to device manufacturers, which in turn opens opportunity for new applications which is not envisioned yet. Rising energy costs, coupled with climate change are driving the increase of renewable energy sources such as solar photovoltaic (PV) technologies. Thin-film photovoltaic cells are also found in one of the major applications of printed electronics.

This report describes the market trends, drivers, and restrains with respect to the global market and include revenue forecasts from 2014 to 2020, based on applications and geography. This global report gives a detailed view of the market across geographies that is; Americas (North America and South America), Europe (The U.K., Germany, and France), the Asia-Pacific (China, Australia, Japan, Malaysia, and Singapore), and ROW. Traditionally, Asia-Pacific and Americas are the biggest shareholders in the market for printing equipment and materials for printed electronics. North America is strong in material and process development. Many start-ups companies have come up in different regions, owing to the potential of the printed electronics market. The report profiles more than 10 promising players including Conductive Inkjet Technology (U.K.), E Ink Holdings (Taiwan), NovaCentrix Corporation (U.S.), ThinFilm Electronics (Norway), Optomec (U.S.), Dupont (U.S.), and Vorbeck Materials (U.S.).

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